New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-06-04
financial.
Propositions OF THE CENTRAL RAIL-

bibubhiHAs
PROPOSITIONS OF THE CENTRAL RAIL-
ROAD COMPANY OF NEw-JERsEY
arocKHoLpERs AND CERTAIN OF ITS CREDITORS
FOR
GALE OF ITS GENERAL MORTGAGE BONDS
Reterng TO the circular Of the Reorganization Committee
Of June g. 1887 and subject to Its terms and conditions The
following propositions made in connection herewith;
srocpuornrps CENTRAL RAILROAD COMPANY
OF NEwJERSEY'
NJ record June L. 1897 are entitled until Juno 25 1887 to
subscribe bonds at par and accrued u INC
extent per cent of the par value OF their sharea
Payment will be due in equal Instruments July ana
August 1887 and may prior thereto at the option
OF the subscribers Tho right to subscribe is transferable
upon the form prepared therefor
ADJUSTMENT BoNDHoLDERs. CENTRAL RAIL
ROAD COMPANY OF NEWJERsEY.
entitled TO subscribe to bonds and accrued
interest paying their old bonds at par and ac
crued interest thus paying July 1897 $1,000 Adj
justmen Bonds. with all unpaid coupons alcneu' ior
81, 0sl &c bonds.
All bonds not notified exchanged before June 49,
1887 will payable cash at par and accrued interest
July l. 1887.
NEWARK AND NETWORK RAILROAD COMPANY
popdhoder. are entitled to subscribe bonds par
interest paying therefor in their Old bonds at
par interest thus pay ng as OF July 1887
900 with July !, 1897 coupon attached for
81. o SO bonds.
All bonds not notified exchange before Juno 49,
1887 payable cash. at par and accrued interest,"
July !, 1887
GUARANTEE CAR TRUST
certificate holders entitled TO subscribe 10 the new
bonds at par and accrued interest paying therefor in their
certificate at par accrued interest thus paying "a OF
July l. 1887, $1,000 Car Trust certificates for slolo new
bonds
All certificates notified for exchange on o-hctore June
25 1887 Will be payable at and accrued interest
July l. 1881
CENTRAL RAILROAD COMPANY OF NEwJERsEY
CAR TRUST
certificate holders entitled to subscribe to the new
bonds par accrued interest paving therefor In their
certificates at and accrued interest thus paying as OF
July J. 1887 $1,000 Trust certificates for sl,O5 new
bonds
All certificates notified for exchange on or before
25 1897 will be payable in cash at par and accrued In
terest July J. 1887.
NETWORK AND LONG BRANCH RAILROAD CO.
stockholders are entitled to the bonds at
par and accrued paving therefor in their shares at
par dividend thus piyng as OF July J. 1857 at
tho rate Of 100 shares for $lO.17j new bonds
stock notified for exchange ON or before juno 20
1897 Will be payable in cash at par and accrued dividend
July l. 1887.
SOUTH BRANCH RAILROAD co.
stockholders are entitled subscribe to the bonds at
par and paying therefor in their shares at
par ycnd thus ying. as OF July 1887 al
the rate OF 100 shares for sl0,l 80 new bonds
stock notified for exchange on OF before juno 20
1887 payable cash at par and accrued dividend
July J. 1887.
CONSOLIDATED BONDHoLDERs. CENTRAL RAIL
ROAD COMPANY OF NEWJERsEY,
are entitled subscribe the bonds at par and &C
crued paying therefor In their old bonds at ITO per
cent and accrued interest; thus paying "a OF July 1857
900 Consolidated with all unpaid coupons attached
for 1877 30 new bonds IN, convenience OF foreign
bondhoders right subscribe wall extend to and IN
cuio July I5 1887 and their subscriptions will be received
bonds exchanged by Messrs Brown shpoy Co.
London.
CONVERTIBLE DoNDHoLDERs. CENTRAL RAIL
ROAD COMPANY OF NEwJERsEY.
are entitled TO subscribe TO the new bonds at par
and accrued interest paying thereon III tneir old
bond, at 40 per cent aud accrued inter-si.
paving OF July l. 1887. $1,000 Conyeriiole boais
all unpaid coupons ATTACHED for sllsl 57 new bonds
the OF foreign bondhoder' ihsir rSt %
will extend - and include July 10 1877 aha thf
subscriptions will amt their bon Is eE sogei ID
Messrs. Brown, shpley & Co.. London
TO-
DEBENrURE BoSDHOLDERs. CENTRAL RAILROAD
COMPANY OF NEWJERsEY,
are oil 70 subscr DO boads at and accrued
interest payng therefor old bond. AZ lOb per cent
Hat thus paying July l. 1851 $1,000 Debenture bonus
with al unpaid coupon, attached for $1,000 new bonds For
OF foreign bondholer their right TO SUB
scribe will extend to include July lj 1887 and their
subscriptions will and their bonds exchanged by
Messts. Brown. SIMPLIFY & Co.. London
II.
NFWJERsEY SOUTHERN RAILROAD CO.
bopdboders are entitled subscribe 20 tho bonds at
par and accrued paying therefor IN their bonds at
par and accrued interest thus paying as OF July 1887
81 900 with July l. 1887. coupons attached for
~ 900 bonds.
LONG BRANCH AND sEAsHoRE RAILROAD co.
bondoders are emitted subscribe 10 the bonds At
par and accrued paying therefor In their bonds at
Oj accrued interest thus paying as OF July !. 1851
81 OOJ oil bonds for 81 O53 80 new bonds
To avail OF the proposal written notice must be
gwen upon the forms prepared
Copies tho circular Of the Reorganization Conmtoe.
3D. 1897 and copies OF these propositions with forms
for subscription exchange bonds and assignment OF right.
may be obtained upon application at tho Office Of the Com
pany ll9 Liberty ST. and the Central Trust Company
Trustee. New-York.
To determine stockholders entitled to Subscribe tho
stock transfer be closed from "Wednesday June
18th TO Saturday. Juno Goth 1887. inclusive.
All the above described privileges Of subscription except
where stated pre- tho 18th day OF June 1887
at 3 o'clock y.
BY order OF the Board Of Directors,
Central Railroad Company Of NewJersey
J.ROGERs MAXWELL
New.York June "a 1887. President